9		Fiscal Year 2014 Reporting		Section III

**D104 was removed as of TFM # 11-01-2011 and merged with D108.**

**Prior to the deletion D104 and D108 were as follows:**

D104 	To record a downward adjustment to prior-year paid delivered orders and to collect a refund when the adjustment is not recorded as a prior-period adjustment (USSGL account 7400 or 7401). The authority has expired.

	Budgetary Entry

 	Debit 4972 Downward Adjustments of Prior-Year Paid Delivered Orders - Obligations, Refunds Collected 
Draft

 Credit 4650 Allotments - Expired Authority 

 	Proprietary Entry

 Debit 1010 Fund Balance With Treasury 

 		Credit 1511 Operating Materials and Supplies Held for Use 

Credit 1512 Operating Materials and Supplies Held in Reserve for Future Use 

Credit 1522 Inventory Held in Reserve for Future Sale 

Credit 1525 Inventory - Raw Materials 

Credit 1527 Inventory - Finished Goods 

Credit 1561 Commodities Held Under Price Support and Stabilization Support Programs 

Credit 1571 Stockpile Materials Held in Reserve 

Credit 1572 Stockpile Materials Held for Sale 

Credit 1591 Other Related Property 

Credit 1711 Land and Land Rights 

Credit 1712 Improvements to Land 

Credit 1720 Construction-in-Progress 

Credit 1730 Buildings, Improvements, and Renovations 

Credit 1740 Other Structures and Facilities 

 		Credit 1750 Equipment 

Credit 1810 Assets Under Capital Lease 

Credit 1820 Leasehold Improvements 

Credit 1830 Internal-Use Software 
Draft

Credit 1832 Internal-Use Software in Development 

Credit 1840 Other Natural Resources 

Credit 1890 Other General Property, Plant, and Equipment 

Credit 1990 Other Assets 

Credit 6100 Operating Expenses/Program Costs 

Credit 6500 Cost of Goods Sold 

Credit 6900 Nonproduction Costs

D108 	To record a downward adjustment to prior-year paid delivered orders and to collect a refund when the adjustment is not recorded as a prior-period adjustment (USSGL account 7400 or 7401). The authority has not expired. 

Budgetary Entry

 	Debit 4972 Downward Adjustments of Prior-Year Paid Delivered Orders - Obligations, Refunds Collected 

 		Credit 4060 Anticipated Collections From Non-Federal Sources 

 		Credit 4070 Anticipated Collections From Federal Sources 

 		Credit 4450 Unapportioned Authority 

 		Credit 4620 Unobligated Funds Exempt From Apportionment 

 	Proprietary Entry

 	Debit 1010 Fund Balance With Treasury 

 		Credit 1511 Operating Materials and Supplies Held for Use 

 		Credit 1512 Operating Materials and Supplies Held in Reserve for Future Use 

 		Credit 1521 Inventory Purchased for Resale 

 		Credit 1522 Inventory Held in Reserve for Future Sale 

 		Credit 1525 Inventory - Raw Materials 

 		Credit 1527 Inventory - Finished Goods 

 		Credit 1561 Commodities Held Under Price Support and Stabilization Support Programs 

 		Credit 1571 Stockpile Materials Held in Reserve 

 		Credit 1572 Stockpile Materials Held for Sale 

 		Credit 1591 Other Related Property 

 		Credit 1711 Land and Land Rights 

 		Credit 1712 Improvements to Land 
Draft

 		Credit 1720 Construction-in-Progress 

 		Credit 1730 Buildings, Improvements, and Renovations 

 		Credit 1740 Other Structures and Facilities 

 		Credit 1750 Equipment 

 		Credit 1810 Assets Under Capital Lease 

 		Credit 1820 Leasehold Improvements 

 		Credit 1830 Internal-Use Software 

 		Credit 1832 Internal-Use Software in Development 

Credit 1840 Other Natural Resources 

Credit 1890 Other General Property, Plant, and Equipment 

Credit 1990 Other Assets 

Credit 6100 Operating Expenses/Program Costs 

Credit 6900 Nonproduction Costs

**After the deletion of D104, D108 changed to the following:**

D108 	To record a downward adjustment to prior-year paid delivered orders and to collect a refund when the adjustment is not recorded as a prior-period adjustment (USSGL account 740000 or 740100).

	Budgetary Entry 

 	Debit 497200 Downward Adjustments of Prior-Year Paid Delivered Orders - Obligations, Refunds Collected 

Credit 406000 Anticipated Collections From Non-Federal Sources 

Credit 407000 Anticipated Collections From Federal Sources 

Credit 445000 Unapportioned Authority 

Credit 462000 Unobligated Funds Exempt From Apportionment 
Draft

 		Credit 465000 Allotments - Expired Authority 

 	Proprietary Entry 

 	Debit 101000 Fund Balance With Treasury 

 		Credit 151100 Operating Materials and Supplies Held for Use 

Credit 151200 Operating Materials and Supplies Held in Reserve for Future Use 

Credit 152100 Inventory Purchased for Resale 

 		Credit 152200 Inventory Held in Reserve for Future Sale 

Credit 152500 Inventory - Raw Materials 

Credit 152600 Inventory - Work-in-Process 

 		Credit 152700 Inventory - Finished Goods 

Credit 156100 Commodities Held Under Price Support and Stabilization Support Programs 

Credit 157100 Stockpile Materials Held in Reserve 

Credit 157200 Stockpile Materials Held for Sale 

Credit 159100 Other Related Property 

 		Credit 171100 Land and Land Rights 

 		Credit 171200 Improvements to Land 

 		Credit 172000 Construction-in-Progress 

 		Credit 173000 Buildings, Improvements, and Renovations 

Credit 174000 Other Structures and Facilities

**The following TC’s will be amended in Section III as follows:**

Draft

B134 	To record appropriations used this fiscal year. 

Comment: This transaction does not stand alone. Only record this transaction in Treasury Appropriation Fund Symbols (TAFS) that receive amounts appropriated from the General Fund of the Treasury via Treasury Appropriation Warrant, or that receive allocation transfers from general fund appropriated TAFS. USSGL transactions that reference this transaction: A146, A514, B102, B105, B106, B107, B109, B118, B122, B130, B202, B402, B404, B406, B412, B418, B428, B430, B436, B438, B604, C408, D106, D107, D114, D126, D132, D134, E102, E104, E106, E108, E109, E204, and E412. USSGL transactions that reference a reversal for this transaction: C132, C134, C136, C137, C138, C139, D102, D104, D108, D110, and F128. 

D306 	To record a prior-period adjustment that reduces the value of a prior-year asset. 

Comment: If the downward adjustment is due to corrections of errors, debit USSGL account 740000. For prior-period adjustments due to changes in accounting principles debit USSGL account 740100. For prior-period adjustments due to corrections of errors in years preceeding the prior year, debit USSGL account 740500. Also Post: USSGL TC-D302 if the prior period adjustment due to changes in accounting principle is associated with direct appropriations. USSGL TC-D304 for a prior-period adjustment due to corrections of errors that requires restatement, and associated with a direct appropriation. USSGL TC-D102 (budgetary entry only) if the adjustment has a downward budgetary impact to prior-year unpaid delivered orders-obligations, recoveries and the appropriation has expired. USSGL TC-D104 (budgetary entry only) if the adjustment has a downward budgetary impact to prior-year paid delivered orders-obligations, refunds collected, and the appropriation has expired. USSGL TC-D108 (budgetary entry only) if the adjustment has a downward budgetary impact on prior-year paid delivered orders-obligations, refunds collected, and the appropriation has not expired. USSGL TC-D110 (budgetary entry only) if the adjustment has a downward budgetary impact to prior-year unpaid delivered orders-obligations, recoveries, and has not expired.

**A135-Combined TC A418 into TC A135; Added language to the comments and included USSGL account 4510, then Deleted A418 in TFM# 13-01-2013**

**Prior to the deletion A135 and A418 were as follows:**

A135 	To record budget authority temporarily reduced by legislative action. This transaction may be used in special and trust Treasury Appropriation Fund Symbols that are designated by Treasury as available for investment, or in revolving funds, or for reductions of spending authority from offsetting collections if deemed appropriate by the Office of Management and Budget (OMB) and/or specific legislative action.Comment: When reducing spending authority from offsetting collections, include Authority_Type attribute "S" to ensure proper flow OMB Schedule P. Refer to OMB Circular No. A-11 for the definition of reductions. Reductions include rescissions, across-the-board reductions, and sequestrations.

Reference: USSGL implementation guidance; Temporary Reductions
Draft

Budgetary Entry

Debit 4450 Unapportioned Authority

Debit 4610 Allotments - Realized Resources

Debit 4620 Unobligated Funds Exempt From Apportionment

 Credit 4382 Temporary Reduction - New Budget Authority

 Credit 4383 Temporary Reduction - Prior-Year Balances

Proprietary Entry

None

A418 	To record budget authority temporarily reduced in a trust or special fund Treasury Appropriation Fund Symbol.

	Comment: Also post USSGL TC-A422 to adjust the receivable if USSGL account 4166 was previously established. Also post USSGL TC-A518 to adjust the receivable if USSGL account 4126 was previously established. Refer to the Office of Management and Budget Circular No. A-11 for the definition of reductions. Reductions include rescissions, across-the-board reductions, and sequestrations.

Budgetary Entry

Debit 4450 Unapportioned Authority

Debit 4620 Unobligated Funds Exempt From Apportionment

 		Credit 4382 Temporary Reduction - New Budget Authority

 Credit 4383 Temporary Reduction - Prior-Year Balances

Draft

**After the deletion of A418, A135 changed to the following:**

A135 	To record budget authority temporarily reduced by legislative action. This transaction may be used in special and trust Treasury Appropriation Fund Symbols that are designated by Treasury as available for investment, or in revolving funds, or for reductions of spending authority from offsetting collections if deemed appropriate by the Office of Management and Budget (OMB) and/or specific legislative action.

	Comment: Also post USSGL TC-A422 to adjust the receivable if USSGL account 416600 was previously established. Also post USSGL TC-518 to adjust the receivable if USSGL 600 was previously established. When reducing spending authority from offsetting collections, include Authority Type Code attribute "S" to ensure proper flow OMB Schedule P. Refer to OMB Circular No. A-11 for the definition of reductions. Reductions include rescissions, across-the-board reductions, and sequestrations. 

 Reference: USSGL implementation guidance; Temporary Reductions  

 Budgetary Entry 

 Debit 445000 Unapportioned Authority 

 Debit 451000 Apportionments 

 Debit 461000 Allotments - Realized Resources 

 Debit 462000 Unobligated Funds Exempt From Apportionment 

 Credit 438200 Temporary Reduction - New Budget Authority 

 Credit 438300 Temporary Reduction - Prior-Year Balances  

 Proprietary Entry 

 None
Draft

**The following TC’s will be amended in Section III as follows:**

A422 	To record the adjustment in an allocation Treasury Appropriation Fund Symbol for the amount receivable from invested balances when the budget authority is temporarily reduced.

Comment: Also post USSGL TC-A418 A135to record the budget authority temporarily reduced.

A424	To adjust the payable due for amounts previously appropriated to the allocation Treasury Appropriation Fund Symbol (TAFS) from the parent TAFS that maintains invested balances as a result of an enacted temporary reduction.

Comment: Refer to Office of Management and Budget Circular No. A-11 for the definition of reductions.  Reductions include rescissions, across-the-board reductions, and sequestrations. Post this transaction in the allocation TAFS. The allocation TAFS simultaneously posts USSGL TC-A418A135.

A499 	To record the adjustment of a Federal fund receivable for a previously established expenditure transfer receivable, where a corresponding temporary reduction or cancellation is to be recorded in a trust fund payable Treasury Appropriation Fund Symbol (TAFS). 

Comment: See USSGL TC-A498 for the original establishment of the receivable. For reductions, see USSGL TC-A418 A135 and TC-A500R for the reduction and adjustment to the corresponding payable in the trust fund TAFS. For cancellations, also post USSGL TC-D120 if canceling prior-year obligated balances.  For cancellations, see USSGL TC-D110 budgetary entry and TC-F123 for the cancellation and adjustment to the corresponding payable in the trust fund TAFS. Record USSGL account 4650 in expired TAFS only.

A500 	To record in a trust fund a payable for an expenditure transfer-out to a Federal fund relating to nonexchange transactions.

Comment: If a reduction occurs, reverse this transaction and also post USSGL TC-A418.

A518 	To record the adjustment in a non-allocation Treasury Appropriation Fund Symbol (TAFS) when the budget authority is temporarily reduced.

Comment: Also post USSGL TC-A418A135 to record the budget authority temporarily reduced. Credit USSGL accounts 1010 and 4128 only if a receivable was not previously established. Refer to the Office of Management and Budget (OMB) Circular No. A-11 for the definition of reductions. Reductions include rescissions, across-the-board reductions, and sequestrations. The Bureau of the Public Debt simultaneously posts USSGL TC-A522 in the Treasury-Managed Trust Fund TAFS. 

Draft

Bulletin No. 2014-XX	DRAFT	IRC Handout September 18, 2014